Estonia’s Fermi Energia and Ukraine’s Eco-Optima have signed a memorandum of understanding (MOU) in Lviv to co-operate in studying deployment of a small modular reactor (SMR) in Ukraine. The parties agree to share with each other any non-confidential studies that they perform under this agreement, either done on their own or performed with other partners. The parties intend to cooperate in and support each other in SMR deployment with potential for district heating and technical assistance.

Fermi Energia said it has some four years of SMR deployment development in Estonia and has also gained practical understanding of EU energy policy, SMR deployment challenges, deployment programme, economics, risks, financing and resources to support Eco-Optima in consideration of SMR deployment in Western-Ukraine. “We hope to be aligned on SMR technology choice and create common value added in years to come,” the company noted.

Image: Eco-Optima’s director of development Taras Fedak (left) and Fermi Energia’s chief executive officer Kalev Kallemets sign the agreement (courtesy of Fermi Energia)